MetaFilter posts tagged with funds

Not what it says on the tin

vidur — Sun, 26 Jun 2011 20:50:15 -0800

"Any industry would be proud of an average annual growth rate of 34% over ten years and of a global reach from Austria to Taiwan. But the headlong expansion of exchange-traded funds (ETFs), which by May this year controlled almost $1.5 trillion of assets (not far short of the $2 trillion in hedge funds), has become a matter for concern among financial regulators. Could ETFs be the next source of financial scandal, or even of systemic risk?" Characterizing the Financial sector "like a hyperactive child" that "can never leave a good thing be", The Economist appears to be wishing for the ETFs to be better regulated because "it would be a shame if reckless expansion spoiled a good innovation".

Two hedge funds that predicted sub-prime crisis see corporate debt as next casualty

janetplanet — Thu, 15 Nov 2007 13:16:26 -0800

Two hedge funds that predicted sub-prime crisis see corporate debt as next casualty Two hedge fund firms that racked up huge gains betting on the subprime mortgage meltdown have begun winding down those trades and looking elsewhere. They're now betting against corporate debt using derivatives.

oh what tangled webs we weave....GOP Rep McHenry's roomies, and more

amberglow — Fri, 28 Sep 2007 14:14:13 -0800

McHenry and his "roommates" -- GOP Rep Patrick McHenry (NC), co-owner of a DC home with Scott G. Stewart, former chair of the College Republican Nat'l Cttee (and bilker of many senior citizens), received a DC home-ownership reduction improperly. McHenry's actual home in North Carolina was apparently also home to quite a collection of young men: (convicted fraudulent voter) Michael Aaron Lay, Neil Everett Capano, Matthew Allen Hamilton, and (multiple violations, including "death by vehicle") Jason Jent Deans. Also, McHenry's 04 consultant Ralph Gonzales was one of the men involved in a recent FL murder/suicide, and links to Robert Drake, the killer (political work in NC and escort service connections), are still being documented. Stay tuned! There's other same-sex homeowner news too--Condi Rice and Randy Bean (they also share a line of credit). Under Don't Ask, Don't Tell, same-sex home ownership is enough to get a DADT investigation/witchhunt going. Ralls said on September 14 . "SLDN is aware of cases where servicemembers have been investigated for owning a home with a person of the same gender." McHenry is a staunch supporter of the policy that prohibits openly gay or lesbian Americans to serve in the nation's armed forces. Big big roundup on McHenry here at Pam's House Blend (much much more dirt and crimes)== Untangling the latest GOP gay scandal with Mike Signorile

Subprime contagion

wallstreet1929 — Sat, 11 Aug 2007 22:24:34 -0800

This isn't 1998. There's no model for what's happening now in the housing and mortgage industries. 116 mortgage lenders have imploded since 2006. 11 hedge funds have imploded in just the last couple months. Time to warm up the helicopters?

Hail Abacha

infini — Tue, 17 Jul 2007 13:29:59 -0800

Dear Friend, I am a Swiss Banker currently in possession of over $ 1 Billion in funds stashed away by the late dictator Mobutu Sese Seko of the Congo. Our Swiss Confederation President Micheline Calmy-Rey said her government is holding just $6.6m frozen in accounts. "We discussed the question of Mobutu's funds and my government is prepared to restore the money to the DR Congo as soon as possible," Ms Rey told reporters in the DR Congo capital, Kinshasa, after talks with Mr Kabila. But we can help you get the rest of the 92.4 million dollars if you will just send us your bank account number and call to confirm your ID and pin number.

Dr. Noori ... stayed home the day of the strike to prevent his workers from finding out that he knew many of the soldiers.

amberglow — Fri, 23 Mar 2007 04:02:09 -0800

"I thought, 'Why don't we just raid the place?' " --the newest and only currently viable way to check up on how the billions and billions we're spending on reconstruction in Iraq is being spent--fake raids by the US military, making it seem like the recipients aren't receiving aid from us, and in fact are being targeted by us.

Thus Spake Mathematica...

DirtyCreature — Mon, 20 Jun 2005 02:59:36 -0800

This might be the only time in your life you get to hear this because the finance industry survives soley on large-scale ignorance, so listen very closely. There is NO housing bubble in the US. NEVER invest in actively managed funds. Financial lamers do better than financial jocks (and almost everyone else). .

Sadly however most of you won't have the mathematical knowledge to differentiate the advice backed by several Nobel laureates and world-renowned academics from the "advice" of any of the thousands of horny little evangelists spruking their financial "theories" for profit or fame.

Remember Long Term Capital Management?

afu — Tue, 17 May 2005 03:44:11 -0800

Remember Long Term Capital Management? The hedge fund whose collapse threatened “a systemic crisis in the world financial system”? Most people in the investment industry claim that they have learned the lessons of LTCM, but what about the rise of synthetic CDOs, “complex structures that employ wads of credit derivatives to build leverage on top of leverage-what some skeptics call "imaginary" structures?" Investments in these financial instruments has exploded from under 1 trillion USD in 2001 to more than 5 trillion at the end of last year. Are problems with synthetic CDOs behind the recent rumors of "hedge fund frailty?" largely stolen from The Agonist

Neighbors

donfactor — Sun, 21 Mar 2004 10:44:56 -0800

Wanna know what your neigbors gave, and to whom? Fascinating site although I'm not too sure whether its a good idea.

Bond Funds and the Liquidity Trap

alms — Tue, 20 May 2003 05:59:55 -0800

Interest rates are so low that you lose money buying bond funds. A preview of the liquidity trap?